market

FIIs net sell of Rs 126 cr (prov) in the cash segment on Friday

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Foreign institutional investors (FIIs) were net sellers of Rs 126.10 crore (provisional) in the cash segment on Friday, as per information posted on the BSE website. While FIIs made gross purchases of Rs 1,535.22 crore, their gross sales amounted to Rs 1,661.32 crore. Domestic institutional investors (DIIs) were net buyers of Rs 443.74 crore (provisional) … Read more FIIs net sell of Rs 126 cr (prov) in the cash segment on Friday

Falling consumer sentiment Pulls down American Markets & Indian GDRS

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The US markets finally gave up on Friday after the Reuters/University of Michigan index of consumer sentiment fell significantly short of expectations for the first part of August. The weak consumer sentiment data fueled concerns about the strength of an economic recovery and the major indices declined by about 1%. Stocks fell across the board, with the biggest losses among financial, energy and material companies – industries that posted some of the biggest gains in recent days. Investors also sold off oil and other commodities and moved their money into the relative safety of the dollar and government bonds.

Read moreFalling consumer sentiment Pulls down American Markets & Indian GDRS

Kotak Securities launches global trading platform

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Kotak Securities has launched a global trading platform — Kotak Trader — for Indian investors in association with Saxo Capital Markets, a subsidiary of Denmark’s Saxo Bank. The platform will provide direct access to equities, exchange traded funds and real estate investment trusts in 24 stock exchanges across USA, Europe, Asia and Australia. Besides it … Read more Kotak Securities launches global trading platform

NSE + BSE Trading Halted – Rules & Regulations on Halt + Resume

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After the domestic equity markets opened in circuit limits, markets have been halted for trade till 11:55 am, following the rule of circuit breakers of different variations as under: The index-based market-wide circuit breaker system applies at three stages of the index movement, either way viz. at 10%, 15% and 20%. These circuit breakers when … Read more NSE + BSE Trading Halted – Rules & Regulations on Halt + Resume

India Equity Strategy – Post Elections

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The incumbent Congress-led UPA alliance has achieved a near majority; an almost best-case scenario, and should translate into: a) Stable Government for next five years; b) More reform-oriented agenda, with greater policy making flexibility; and c) More economic/results-oriented governance. A strong Government mandate should result in: a) Upward bias in growth expectations (maintain 5.5% FY10 … Read more India Equity Strategy – Post Elections

LIC parks Rs 40,000 cr in equity this fiscal

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India’s largest insurer – Life Insurance Corporation of India (LIC) – has invested around Rs 40,000 crore in equity this fiscal, exceeding the total equity investments made in the last financial year. Every year LIC invests around 8-9% of its total premium collection in the stock markets, majority being in the banking sector. This year … Read more LIC parks Rs 40,000 cr in equity this fiscal